How Has The Mobile Device Management Market Size Evolved In Recent Years?
The mobile device management market has seen considerable growth due to a variety of factors.
• Over recent years, there has been a significant expansion in the size of the mobile device management market. From 2024 to 2025, it is projected to increase from $10.86 billion to $13.54 billion, demonstrating a compound annual growth rate (CAGR) of 24.7%.
The historical growth of this market is largely due to the proliferation of the bring your own device (BYOD) trend, the need for security and compliance, the push towards enterprise mobility and productivity, the management of remote workforces, and the necessity for application management.
What is the Market Size Forecast for the Mobile Device Management Market?
The mobile device management market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the mobile device management market is projected to experience significant growth in the coming years, swelling to $35.31 billion by 2029 with a compound annual growth rate (CAGR) of 27.1%.
Factors contributing to this expected increase during the forecast period include the rising complexity in device ecosystems, demand for IoT device management, emphasis on user experience, strategic mobile strategies, and endpoint security integration. Key trends anticipated for the forecast period encompass application security and containerization, the utilization of artificial intelligence (AI) in detecting threats, mobile threat defense (MTD), and the implementation of geofencing and location-based policies.
Which Factors Are Boosting Growth In The Mobile Device Management Market?
The upswing in the mobile workforce within businesses is playing a significant role in expanding the mobile device management market. A mobile workforce alludes to a category of workers who aren't restricted to a primary physical locale. Businesses are progressively turning towards mobile device management for surveillance and protection of mobile appliances such as smartphones and tablets, within the office environment. The impressive growth in the workforce coupled with the requirement to safeguard connectivity among workers is anticipated to stimulate the mobile device management market. For example, in April 2022, a survey by the Australian Bureau of Statistics, an independent Australian legal establishment tasked with obtaining, scrutinizing data and offering evidence-based advice to federal, state, and territorial administrations, revealed that nearly half of all Australian workers (46%) currently exercise some level of remote work. Also, 34% of Australian companies have implemented teleworking contracts for a portion of their staff. Therefore, the surge in mobile workforce within corporations will support the mobile device management market.
What Are The Major Segments Within The Mobile Device Management Market?
The mobile device management market covered in this report is segmented –
1) By Component: Solution, Services
2) By Operating System: iOS, Android, Windows, MacOS, Other Operating systems (Linux)
3) By Deployment Mode: On-Premises, Cloud
4) By Organization Size: Small and Medium Enterprises, Large Enterprises
5) By Vertical: Banking, Financial Services and Insurance, Telecom, Retail, Healthcare, Education, Transport and Logistics, Government and Public Sector, Manufacturing and Automotive, and Other Verticals
Subsegments:
1) By Solution: Mobile Device Management Software, Mobile Application Management (MAM), Mobile Content Management (MCM), Identity and Access Management (IAM)
2) By Services: Consulting Services, Implementation Services, Support and Maintenance Services, Training and Education Services
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Which Trends Are Expected To Transform The Mobile Device Management Market?
The trend of technological innovation is becoming increasingly prevalent in the mobile device management market. Market leaders are introducing groundbreaking products to improve the user experience for businesses. GoTo, a company based in the United States that delivers software as a service, mobile device management, and tools for remote work via the cloud, unveiled GoTo Resolve MDM in June 2023. GoTo Resolve MDM equips IT experts with the capacity to seamlessly protect, set up, and oversee all corporate-owned and individual devices such as laptops, tablets, and smartphones through a single interface. GoTo’s ambition to serve as a comprehensive solution for enterprise IT administration and support is reinforced by the inclusion of extra MDM capabilities. The fresh GoTo Resolve MDM caters to enterprises' need to ensure the security, compliance, and privacy of corporate data on multiple devices used by personnel worldwide.
Who Are the Key Players in the Mobile Device Management Market?
Major companies operating in the mobile device management market include:
• Google LLC
• Samsung Electronics Co Ltd.
• Microsoft Corporation
• International Business Machines Corporation (IBM)
• Cisco Systems Inc.
• VMware Inc.
• Citrix Systems Inc.
• Micro Focus International plc
• Zoho Corporation Pvt Ltd.
• Quest Software Inc.
• Kaspersky Lab
• BlackBerry Limited
• Ivanti Inc.
• Jamf Software LLC
• SOTI Inc.
• MobileIron Inc.
• Centrify Corporation
• Sophos Group plc
• 42Gears Mobility Systems Inc.
• Hexnode Technologies Limited
• Kandji Inc.
• Baramundi Software AG
• Mitsogo Inc.
• Matrix42 AG
• Miradore Ltd.
• Codeproof Technologies Inc.
What Is The Most Dominant Region In The Mobile Device Management Market?
North America was the largest region in the mobile device management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile device management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
